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CNN
Jan 1, 2013 9:00am PST
controlled -- the house, rather, convening this hour for the fiscal cliff negotiations. now vice president joe biden, he is heading to the hill for talks with the house democrats. this is a critical moment for the country. talking about 12 hours after the deadline for the government action has passed. the senate okayed a deal wee hours of the morning, prevent middle class income taxes from going up but raise rates on income of more than $400,000 a year for individuals, more than $450,000 for couples. now, unemployment benefits for 2 million americans would be extended for a year. what it does not address is the spending cuts. lawmakers plan to revisit the difficult issue. that is delayed two months from now. going to bring you all angles of the story here. of course following this, every single move. dana bash on capitol hill, jessica yellin at the white house, christine romans live from new york and alison kosik in new york, hearing from folks in a diner. dana, you were up really late into the night, early into the morning here, there is more business to be done and we know at this hour involves the vice president. he's going to be meeting with democrats, hou
CNN
Jan 1, 2013 8:00am PST
. >> we went over the fiscal cliff. yep at midnight and then just a couple hours later, the senate came up with a solution. now it's off to the house. the house has to sign off. they will get back to work this afternoon. what's in the deal? well, it starts with the new income tax threshold. those folks agreed to let the taxes go up but only on the family who is make over $450,000 in combined income. the itemized deductions will also be capped at $300,000 for families. and the estate tax, that was a big sticking point for lawmakers, and now the tax rate goes up to 40% for estates that are valued over $5 million. so if you're under $5 million, you skated there too. other key points are an extension of the long-term unemployment benefits. the renewal of tuition and child care tax credits and then something called the doc fix. it reimburses doctors who take medicare patients. and what about the automatic spending cuts that were supposed to go into effect today? doomsday, yikes. they put those off. but only for two months. that's the plan that the senate stayed up real, real late to accomplish. but it's time for the house to have its say. yo
CNN
Jan 1, 2013 6:00am PST
in for carol costello. we begin this morning with the fiscal cliff and the drama that now shifts to the house, that's because overnight the senate overwhelmingly passed a compromise measure, the move delays the spending cuts that have could plunged the nation back into a recession. for most americans here is the bottom line, taxes would stay the same for almost everyone but top earners but the measure is up to the house. lawmakers could vote on a compromise today and republican leaders in the house are not making any promises that it's going to pass. this morning, both parties say more work needs to be done. >> i'm disappointed that we weren't able to make the grand bargain as we've tried to do for so long. we tried. passing this agreement does not mean negotiations halt, far from it. >> we've done some good for the country. we've taken care of the revenue side of this debate and now it's time to get serious about reducing washington's out of control spending. that's a debate the american people want. it's the debate we'll have next, and it's a debate republicans are ready for. >> we're covering all
CNN
Dec 24, 2012 9:00am PST
cliff debate finally agree on something. unfortunately, they agree that going over the fiscal cliff is now a real possibility. you got the democrats, the white house republicans. they all say it is possible they're not going to reach a deal to avoid the massive tax increases and spending cuts that will take place in just eight days brianna keeler is in honolulu. i'm not going to tease you about hawaii being a junket, because i know it's hard work and you're doing something. >> thank you. >> absolutely. i'm a little jealous of the water and backdrop and sand. never mind. i won't hate here. tell us, are there any conversations that are going on between the president, the republicans, the democrats, anybody to aavoid the fiscal cliff? >> reporter: well, this is what may be alarming to learn, suzanne. obviously, the white house is always in concert with senate democrats. there's always an open line of communication there, but there are really no substantive discussions going on with the white house and senate democrats with republicans both in the house and the senate. that may seem troubling at this point, because obviously eyes are turning towards the senate as
CNN
Dec 28, 2012 11:00am PST
from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says he will bring it to the house floor for a vote before new year's eve and house minority leader nancy pelosi says she can wrangle all the democratic votes it needs to pass because you would expect a lot of house republicans to vote no, so you need almost all the house democrats to vote yes. if that sounds almost too good to be true, it probably is. >> and then they sing kumbaya. never, ever going to happen. and if it does -- >> reporter: they braid each other's hair. >> you got it. we're more likely to see that. so tell us about the role in this meeting of senator mitch mcconnell. why is he a key role to this? >> reporter: this has been moved over to the senate. and the
CNN
Dec 28, 2012 8:00am PST
the fiscal cliff. four hours before a last-ditch meeting at the white house. it's still not clear whether a last-minute deal is even possible or whether this is now all about shifting blame. president obama and vice president biden are sitting down with house leaders. the guest list includes harry reid, who this time yesterday said he didn't see any way the fiscal cliff could be avoided. whatever the case, our chief white house correspondent jessica yellin will be watching. what can we really expect to come out of this meeting this afternoon? >> well, alina, we're not sure what really will come out of it. the ideal scenario would be if all sides agree to a scaled-down version of the fiscal cliff agreement that the president and spe speaker boehner had been discussing weeks ago and then senator mcconnell would agree that no republicans would block it in any way if he can promise that. he argues that he can't really make that promise but if e he could then speaker boehner would promise to bring it to a vote on the floor. all sides would shake hands and we'd have a deal before new ye
CNN
Dec 26, 2012 6:00am PST
return to washington for a last-ditch effort to reach a fiscal cliff deal. the senate and house are expected to reconvene tomorrow. we're six days away from possible across the board tax increases and spending cuts. >>> former president george h.w. bush is still in a houston hospital. his wife, barbara, and other relatives at his side. the 88-year-old has been in the hospital for more than a month with a lingering cough and recently had a low grade fever. doctors remain cautiously optimistic about a full recovery. >>> a claim of facebook privacy breach within the zuckerberg family. his sister says a family photo was reposted by another person on twitter. randy zuckerberg called the woman out. the woman apologized said it was public because it was in her facebook newsfeed. >>> in china the longest high speed railway opens, connects beijing with guangzhou, 1,500 in eight hours, but tickets start at $138, and they're a little pricey for some people and many travelers say it's cheaper and faster to fly. >>> a report just out this morning shows home prices up in october, the biggest annu
CNN
Jan 1, 2013 11:00am PST
to get this under way. very good year in stocks last year. the s&p up 13%. despite the fiscal cliff worries. and you got to see it get handled. if you saw the house not pass this, or you all of a sudden saw some controversy with amendments in the like and two competing versions of this bill and this drags on, i think you could see the stock market take a tumble and that's something members of congress have told us, they like to avoid that. they rep t.a.r.p. and the bank bailout and the stock market didn't like it when they didn't pass the bank bailout in first place, that's a fresh memory for them. >> christine romans, thank you for keeping an eye on all of this. so much to keep an eye on, thanks. >>> as we wait for republicans to speak, the vice president playing a huge role in getting this deal done. but does joe biden have the pull to actually get it through the house. >>> plus, i'll speak live with the attorney for one of the very first pot clubs in colorado. just opened after voters approved a new marijuana law. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we'r
CNN
Dec 23, 2012 7:00pm PST
you face a new year with higher taxes. apparently a fiscal cliff solution is not wrapped up as a gift under your christmas tree. makers are home for the holidays. house speaker john boehner is in ohio, president obama is in his native hawaii. you'll hear about a last ditch effort that may happen after the holiday. that story just a few moments away here as well. >> a united states senator was arrested for drunk driving early sunday morning. idaho republican was taken to jail in alexandria virginia after midnight. he was stopped for running a red light and charged with driving under the influence. the senator has issued an apology. he was released on $1,000 bond and he has a court date. >>> christmas, two days away, and for much of the country it's going to be a white one. heavy snowfall has blanketed several states up to five feet of snow is expected. snow is also falling back east as well. like lake effect snow has blanketed areas around cleveland and buffalo. high winds are threatening to delay flights in new york, philadelphia and washington. >>> the report you're about to see has very graphic images of people hurt and dying. the latest from western syria
CNN
Dec 25, 2012 6:00am PST
, essentially what we have to understand is that let congress deal with this fiscal cliff stuff. we have to worry about our fiscal houses. we can't control. we can vote. we can lobby but we can't control what they do in the long run. what we can control is our own fiscal house. you can't control what the deal does but you can control your gym membership that you've been paying for but you haven't gone to the gym. you can control the fact that you have coupon clippings that go unused in your sunday paper that you can still save hundreds of dollars on your cable bill or grocery bill every single month. so these are the things that we can start to do. have you negotiated you're interest rates on your credit cards? go to annual report.com to imyou're credit rating. these are things we can start to do right now that are in our control and we have to worry about our fiscal houses and less about the fiscal cliff. >> and those are simple things to do but they take time. but it's good advice. >>> okay, we hear a lot about the amt and how congress may put a patch on that. can you explain it in a simple way so everyone can understand?
CNN
Dec 26, 2012 11:00am PST
failed votes and then go off the fiscal cliff. >> so the idea that john boehner is even having this conference call, discussing the possibility of bringing the house back into order, is that an indication that he's optimistic that there will be something that he could get a few minority, even of his party to support? >> reporter: i, you know, i like the idea of being optimistic, especially in this holiday season, but i think that probably not. i think this is really more of a housekeeping question because they have to tell their members something and the question is when they r thare they going to. you know, stranger things have happened. the other thing i'm told, when you're talking about timing here, is that the senate democrats really -- the people who run it, that they have seen this movie before, so to speak, and they know that the pressure really is only on at the 11th hour. i know we're only six days away, but we really do have until december 30th or 31st. the thinking inside the senate, at least among democrats, is that they won't be able to pressure enough republicans to cross party lines for anything until probably the very last minute, until
CNN
Dec 30, 2012 11:30am PST
numbers. over half of americans, 54% support president obama and his handling of the fiscal cliff situations, that's compared to what, 28% of american who is approve of house speaker john boehner and the job that he's doing. you know, senate majority leader, harry reid has got an approval rating just a little bit above that, 34% for his role in the fiscal cliff negotiations. >> let's move on to other polling information. which i agree is prety long-term. locking out to 2016 now, what is the potential impact on all of this say on who could replace the current president of the united states. what are we seeing? >> well you know, that's right. the future is very fascinating. we took a look in a poll that we released today, the cnn/orc poll that looked at republicans and democrats. we asked senators from both parties, who they support. let's take a look at the parties. here's the lineup, for the democrats it's secretary of state hillary clinton. she's far and away ahead of the pack with what, 85% of those who said they would support her. she's got a 20-point lead over the next front-runners, which is vice president joe biden. new york governor andrew cuomo, the son of
CNN
Dec 28, 2012 9:00am PST
the so-called fiscal cliff, right? the president and the vice president, they're going to meet with house speaker john boehner, minority leader nancy pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see, and all the parties involved are also going in with a big question mark. the idea is the expectation by many of the participants in the meeting is that they hope that they will be able to discuss more details about a scaled-down fiscal cliff plan. and maybe that could lead to some sort of agreement ideally for all parties in which all the senators say that they will not filibuster it, and it can go to a vote. and then speaker boehner could, in theory, agree to bring it to a vote on the house floor after the house comes back on sunday. and then we would get all of this behind us
CNN
Dec 29, 2012 9:00am PST
avoid going over the fiscal cliff that comes on new year's day. but after a meeting at the white house, the president said he is hopeful. >> i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> cnn's chief business correspondent ali velshi joins us from new york with some very good insight. senate majority leader harry reid has said if they don't reach something by monday he'll bring forward a bill to help out the middle class for an up-and-down vote. >> right. >> put everybody on the record, but especially republicans. isn't that the tactic? >> exactly right. the step before that is harry reid is working on some bill that might get bipartisan support in the senate. president obama in that meeting apparently told them try and work something out. and reid left and made a statement last night, as did mcconnell, that they'r
CNN
Dec 27, 2012 6:00am PST
to washington and you can bet he's planning to get back to work on that so-called fiscal cliff as soon as he lands. the goal, to work out a deal that can solve the political gridlock before the new year. the senate will reconvene today. the house, however s not back in session after the failure of speaker john boehner's plan b last week, house members are saying the ball is now in the senate's court. >>> former president george h.w. bush is in the intensive care unit at a houston hospital this morning. according to a statement from the bush family the president has been in intensive care since sunday, after suffering a series of setbacks, including a persistent fever. they also say he's relentlessly positive and spends time talking and joking with his doctors. in the next hour we'll take to you houston for a live update on the president's condition. >>> it's called one of the largest lawsuits of its kind, toyota agrees to a $1.1 billion settlement. we'll tell you who benefits and if one of the people who benefits is you. [ male announcer ] it's that time of year again. time for citi price rewind. are only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your c
CNN
Dec 27, 2012 11:00am PST
about a free trial offer. . >>> that says warning, fiscal cliff. it's the podium, but it means a lot. it can tell us exactly where we are, how close we are to heading off the cliff. the reason you are seeing that is the house minority steps up to the microphones at any moment on the fiscal cliff situation. they should all be working on this right now. so not everybody is. a live picture of the press conference. a live picture of the capitol. five days away, the big tax hikes could kick in. we are now receiving word that the president, president obama will not send legislation to congress today that might avert the so-called fiscal cliff. the president pulled the plug on his holiday trip to hawaii and arrived in washington shortly after 11:00 in hopes of prodding congress to lock in taxes for all but the wealthiest 2%. so a republican source told us he would be sending legislation to capitol hill, but the white house is telling us no, that is not the case. you have the president there at the white house. you have the senate in session and they are scattered throughout the country and taxes are going up on january 1st. let's listen to harry reid. he is not happy about the house and being away. he is the top senate de
CNN
Dec 28, 2012 6:00am PST
about the finger pointing over the fiscal cliff, it's happening all day, both sides blame each other for the lack of progress and today, top congressional leaders will head to the white house for a meeting with president obama, trying to strike a deal with just four days to go. getting lost in the rhetoric are everyday americans like my next guest, she says washington needs to know how important the fiscal cliff is to those who are out of work, specifically to the 2 million americans who will lose their federal unemployment benefits an average of about $300 a week if no deal is reached. >> good morning. >> you were laid off a year ago. tell us your story. >> well, yes, i was laid off a year ago around this time in december. and i received employment so i've been trying to look for a job which has been very difficult, on the internet every day. i also tried to start my own small business in the same field, janitorial services, which the whole thing of not having any money has caused a great hardship because i'm unable now to finance my business as well or get a small business loan because i don't have a job. >> $300, i just want to jump in, i apologize for cutting you off $300
CNN
Dec 31, 2012 9:00am PST
agreement to keep us from falling off the fiscal cliff. jessica yellen at the white house with some details. what are you learning? >> reporter: hi, suzanne. first of all, there is an emerging deal here, but it is still not done. it is in progress. there's a sense of sort of optimism that this will come to closu closure. what we know about this deal right now is that it would allow for earners at the very top to let their tax rates go back to clinton levels. so that is what was set to happen in the new year anyway. it only hits the very top earners. then the next level of the deal, households that earn $450,000 are the ones impacted by this. individuals who earn $400,000 a year are the ones who would see it go to clinton levels. the deal -- the emerging deal would also include as i understand an extension of unemployment benefits and a compromise on the estate tax that would allow a slight increase or something of an increase from where we are now but not an absolute jump to where it would be beginning tomorrow. now, if there were no deal. the big sticking point as dana is reporting
CNN
Dec 27, 2012 8:00am PST
in time to deal with the looming fiscal cliff just five days away. jessica yellen waiting for him at the white house. great to see you. what can the president do at this point, i guess, is the big question. and are aids still hopeful for a deal before january 1st? >> taking your second question first, hopefully, yes. confident, i would say that's going too far. at the white house they are frowning about what they consider recalls trance on willing to compromise. what can the president do, he can con joel all sides closer to some sort of agreement. from the democrats perspective what they think needs to be done is to get senate leader mcconnell to agree not to filibuster any action in the senate and then get speaker boehner to agree to put a bill forward on the house floor for a vote. if those two pieces happen, then they feel like there could be something done before new year's. so it's sort of con joeling mitch mcconnell to agree to those actions on those parts. if the president can get that done, we don't have much time left for the rest of the pieces to fall into place. >> jessica, i'm sure you saw harr
CNN
Dec 31, 2012 8:00am PST
. the last day to avert the fiscal cliff before americans plunge head long into smaller paychecks. the u.s. snalt gets back to work right about now. the house has been in session for about an hour now. senate leaders are the ones trying to hammer out a deal picking tax break ceilings, trying to lessen the impact of spending cuts. there are still major obstacles to pass. but this morning we're hearing that progress is being made. we'll have more on that and the fiscal cliff negotiations in a minute. >>> first, i want to show you the rest of the world is ringing in the new year. midnight arrived in asia. they are calling it a pyre tech nick musical. they were scheduled to begin an hour before midnight. hong kong on the top ten places to ring in the new year. let's listen. ♪ ♪ ♪ ♪ >>> ring in the new year, good morning 2013. we'll continue to monitor all of these celebrations as the day rolls on. the night rolls on in some cases. midnight in the u.s. is the big fiscal cliff deadline. there are two fronts we are watching today. capitol hill and wall street. let's see if there's any movement on capitol hill. stock markets moving up because i
CNN
Dec 26, 2012 8:00am PST
way to avert the fiscal cliff are how to stop these tax hikes on the middle class as the white house sees it. but there's also a number of smaller tax measures that are set to expire. they sort of create their own set of problems, even for some democrats. so he may really need to do some lobbying on a few of them, don. >> brianna, how did he spend christmas? >> reporter: christmas, we talked about this yesterday. we said we wouldn't be surprised if he went to visit troops as he's done in past years. indeed he did end up doing that. he went a short distance from where he and the first family rent a home, to a military station here an oahu. and he visits with troops thanking them for their service and also thanking their families for their service. he said to them, we know the sacrifice that our military men and women make in defending our country. but sometimes it gets lost just how much of a sacrifice the families make as well. and as you know, don, first lady, michelle obama, has been really active with military families along with jill biden. so that was something also that was really i
CNN
Dec 29, 2012 2:00pm PST
more cans. garcia knows that his monthly money orders won't avert the fiscal cliff. but they say that is not the message garcia is sending to congress. >> in order to really solve the $16 trillion national debt you have to sacrifice. >> reporter: politicians talk about kicking the can down the road. one american has decided that road has to end. and it might as well be here. kyung lah, cnn, san antonio, texas. >>> back in a moment. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest p
CNN
Dec 30, 2012 1:00pm PST
houses of congress are doing. let me tell everybody, the world will not end if we go over the fiscal cliff. i don't want you to feel that watch doesn't mean there aren't serious concerns for a lot of people involved. a couple more here from facebook this one says they need a reality check in how the 98% really lives. that's from felicia persaud on facebook. one more here the people express third desire for ending the bush tax cuts and ending these last-minute confrontations in congress. this debate is continuing. martin, i will tell you, we are getting a lot of messages across all platforms, tweeting with you-all at joshlevscnn, also facebook joshlevscnn. send us an ireport, video if you want to, we might share some of this right here, one way of getting your message out to the country and to lawmakers in these final hours before the end of the year, which could bring with it some big, big, big financial changes for all of us. >> absolutely, josh, hope the folks in washington are listening and watching. thank you. >> thank you. >>> deadline for that fiscal cliff, well, we have said i
CNN
Dec 23, 2012 4:00pm PST
about what will happen with the fiscal cliff and whether we'll go over it. it is unclear. >> brianna, can we expect any other lawmakers to like jump in and try to -- you mentioned harry reid. what about mitch mcconnell or someone, can we expect anybody else to do something besides the house speaker and the president? >> reporter: well, at this point i think the ball is really out of the court of president obama and house speaker john boehner. obviously something would have to get through the house, but we're definitely focusing on the senate. i will tell you talking to sources that it doesn't even appear that senate majority leader reid and senate minority leader mcconnell are talking. the discussions aren't under way yet. you talk to sources on the hill and you get the sense that reid is waiting for mcconnell to chime in and mcconnell is waiting for reid to chime in. so this is a bit of a standoff right now and we are waiting to see who is going to blink. that's really the question, who is going to blink first and the fact is we just don't know. >> brianna keilar, thank you very muc
CNN
Dec 24, 2012 11:00am PST
obviously because in order to avoid the fiscal cliff, you would need to find some sort of deal that would make it through the senate and the house and that would need democratic and republican support. now, all eyes on the senate because they will reconvene on the 27th, thursday. and senate majority leader harry reid, it is up to him, really, to cobble together something that can get some of that support. right now the white house is still supporting a threshold of $250,000 back to their initial starting point for tax rates going up for those making more than that. but you can imagine, hala, that's going to be very hard for some republicans, maybe even some democrats to sign on to. >> right. and for just about a week ago, it was common to hear a deal will be hammered out. over the last several days we're hearing more and more that potentially this is a reality for americans in eight days' time. your sources in the administration, is there a real concern among some of the people you're speaking with that indeed this fiscal cliff will become a reality? >> i thi >> reporter: i think there is much more of a concern. a couple of weeks ag
CNN
Dec 29, 2012 11:00am PST
hill, senators are hard at work trying to avoid taking the country off ha fiscal cliff. senate minority leader mitch mcconnell arrived earlier today at the capital for talks. yesterday he and other leaders met the white house with the president and vice president aiming to avoid tax hikes and may vote on a deal as early as sunday. >>> police now have a woman in custody in connection with the death of a man pushed in front of a new york city subway train on thursday. detectives arrested a woman who they said said things that implicated hadder in the death sun and doe sen. this is the sketch of that suspect. >>> in india, the young woman gang raped on a new delhi bus is dead. doctors say she died peacefully at the hospital where she was being treated. employees plan to add murder charges against the six suspects already in custody and arrested on rape. the charges will be filed next thursday. angry protesters have been demanding justice and more protection for women and police expect more demonstrations in the days to come. >>> a large crowd cheers the first couple to get married under maine's new same-sex marriage law. stephen bridges and michael snell of port land tied the knot just after midnight this morning.
CNN
Dec 31, 2012 1:00am PST
cliff agreement, you could see your taxes skyrocket and deep spending cuts kick in. major sticking points, entitlements and tax increases. house republicans have ended their meetings for the night. we'll find out tomorrow whether vice president joe biden and mitch mcconnell have made any progress in their talks. any deal would have to get enough votes to pass the senate and the house. >>> president obama says sandy hook school shooting was the worst day of his presidency. americans will have to explore their own feelings when his gun law reform proposals come out next year. >> the question then becomes, whether we are actually shook up enough by what happened here that it does not just become another one of these routine episodes where it gets a lot of attention for a couple of weeks and then it drifts away. it certainly won't feel like that to me. >> the president says the law he's pushing will address assault style rifles, high capacity magazines and background checks. >>> the fiscal cliff, it's not the only deadline pressing on congress. a five-year farm subsidies bill that expired in september was never renewed. house and senate membe
CNN
Dec 29, 2012 4:00pm PST
avert the fiscal cliff. on saturday, the president was at work here in the white house, but all eyes were on the senate where negotiators were trading deal points in trying to reach an agreement. any bipartisan bill has to include a extension of unemployment benefits that would effect 2 million americans and an increase for taxes for the highest income workers. >>> now, while that. negotiation is continuing, the president has asked senate majority leader, harry reed to prepare an alternative bill to have ready to put on the senate floor as early as sunday. that bill would raise taxes on households that earn $250,000 or more. that is a democratic proposal and you can expect that republicans would block it, so think of that less as a stop gap measure and more as a political move to sthift the failure of responsibility to the republicans just as the nation approaches the hour of republic -- the hour of reckoning. >> the nation's capitol could see snow of 3-5 inches tonight. washington not alone, these pictures are from indiana, they are see issing more snow than the blizzard that hit ea
CNN
Dec 27, 2012 9:00am PST
washington today to tackle the so-called fiscal cliff. he landed about 30 minutes ago. you see him getting off of the air force one. the president shut his vacation short do deal with this economic crisis. according to a tweet from a white house spokesman, the president spoke with all four congressional leaders before leaving hawaii for washington, and the senate is reconvening today. now the automatic spending cuts and the tax increases that make up the fiscal cliff, they're set to take effect in just five days. much more on the fiscal cliff crisis, the effort to reach some kind of agreement later this hour. we're going go live to capitol hill for the latest as the senate returns to work. that is coming up in about 20 minutes. >>> and president obama's going to have another cabinet position to fill for the new year. we learned a short time ago apa lisa jackson is stepping down after the president's state of the union speech in january. jackson starting with the agency as a staff level scientist back in 1987. during her tenure as administrator she tackled pollution problems in poor community communities. oil drilling and coal regulations. all those things on her plate. jackson said she is confident epa is headed in the right direction.
CNN
Dec 30, 2012 4:00pm PST
casualty of the fiscal cliff and that's me. >> there you go. >> thank you, thank you. so the senate won't vote tonight. house speaker john boehner says his side of the capitol can't solve this crisis. starting to look pretty hopeless in washington. maybe a member of the house can give us a reason to be optimistic. chris van hollen is a maryland democrat. there he is, congressman, do you believe we're going to go over this cliff, yes or no? >> i still think we have a 50/50 chance of averting the cliff. i thought the odds were a little higher this morning, but, look, obviously the clock is winding down. what we do know is negotiations are ongoing. there was a big road block earlier today with the so-called chain cpi issue, but that seems to have been put aside. so we'll have to see, but, again, the fundamental issue has been the same throughout this process which is that our republican colleagues are trying to do everything we can to prevent higher income individuals to pay a little bit more to reduce our deficit, and that's what's been going on for the last six months. that's what the conversation in the election was
CNN
Dec 24, 2012 6:00am PST
democrats and republicans -- that we could go over the fiscal cliff. >> well, enjoy the beach there then. i mean, what do you say at this point? you've just got to keep your fingers crossed and your toes and everything else. brianna keilar reporting live from honolulu this morning. >>> let's talk about the gun control debate because it's intensifying following the connecticut school shooting massacre. the nra's president wayne lapierre went on nbc's "meet the press" this weekend saying call him crazy for wanting to put armed security officers in schools. he doesn't mind. nra president david kean told cbs' "face the nation," a ban on assault weapons won't stop mass killings. >> we debated this before. we had a so-called assault weapons ban for ten years. we had what senator feinstein is suggesting. it was allowed to expire. the fbi, the justice department, and others who studied it said it made no difference. >> if it's crazy to call for putting police and armed security in our school to protect our children, then call me crazy. >> despite the national rifle association's opposition to any n
CNN
Dec 25, 2012 8:00am PST
work done? tell us a little bit about the fiscal cliff here. we know the senate is going to come back on thursday. do we expect the presidt to come back to washington and deal with trying to avoid these tax increases and the spending cuts? >> it really does sound like he'll be coming back, suzanne. it is not official. the white house hasn't put out a schedule update. it seems to be more a matter of when he is coming back rather than if. the senate will reconvene thursday. all eyes there as senate majority leader harry reid tries to cobble together something that can get some republican support. we'll be waiting to see exactly when president obama is coming back but we understand that the senate even though it reconvenes on thursday may not, senate democrats may not roll out a bill until closer to the new year. also get some republican support and put pressure on the house to take it up. >> we'll be following that very closely. have a wonderful christmas and of course we'll talk with you a little bit later. if there are any developments on the fiscal cliff. stay with cnn for any moveme
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